New Delhi: The government on Monday extended the due date for filing income tax returns (ITRs) for Assessment Year 2025-26 by a day to September 16 as technical glitches disrupted filings on the last day. A record over 7.3 crore ITRs were filed till September 15, surpassing last year’s 7.28 crore, the Central Board of…
Chennai: Union Finance Minister Nirmala Sitharaman on Sunday said that the GST reforms are a huge victory for each and every citizen of the country. Taking into account that every state in India has its own festivals, it has been decided to implement the GST reforms much ahead of Prime Minister Narendra Modi’s instruction of…
New Delhi: India and the European Union are working with sincerity and commitment to finalise a comprehensive and balanced free trade agreement that will benefit businesses and consumers on both sides, Commerce and Industry Minister Piyush Goyal said on Friday. Addressing the Automotive Component Manufacturers Association (ACMA) here, he said such an agreement cannot be…
New Delhi: Retail inflation inched up to 2.07 per cent in August from 1.61 per cent in the preceding month, driven by a rise in prices of kitchen items, like vegetables, meat, fish, and eggs, according to government data released on Friday. The rise in inflation comes after a continuous fall in the consumer price…
New Delhi: The stock of Infosys climbed over 2 per cent on Friday morning trade after the IT services giant said its board has approved the largest-ever share buyback programme worth Rs 18,000 crore. Shares of the company went up by 2.32 per cent to Rs 1,544.65 on the BSE. At the NSE, the stock…
New Delhi: The BJP on Thursday claimed that the “script and dialogue” of Rahul Gandhi’s “vote chori” campaign came from abroad and accused the Congress leader of carrying forward a foreign agenda of interfering with the country’s democracy. The ruling party claimed that “undeniable evidence” has emerged showing that the PowerPoint presentation Gandhi made recently…
New Delhi: Fitch Ratings on Wednesday raised India’s GDP growth forecast to 6.9 per cent for the current fiscal year, from 6.5 per cent earlier, citing strong June quarter growth and domestic consumption-led demand. Fitch is the first global rating agency to have upped India’s GDP growth estimates for the current fiscal year after the…
New Delhi: The government on Tuesday directed manufacturers and importers to declare revised maximum retail prices (MRP) on unsold stock to reflect changes in goods and services tax (GST) rates, with the deadline set for December 31 or until stocks are exhausted, whichever is earlier. The directive comes as the government has reduced GST on…
New Delhi: India deserves a better opposition and better opposition leaders, Finance Minister Nirmala Sitharaman said on Saturday, as she slammed their criticism of the Modi government on the GST reforms as “ill-informed” and untouched by facts leading up to the implementation of the unified indirect tax regime in 2017. In an interview to PTI,…
Shimla: The state government, opposition, and farmers’ body have hailed the decision to slash Goods and Service Tax (GST) on several items and eliminate 28 per cent and 12 per cent slabs, describing it a big relief to people. “The Congress party has been pressing for these reforms for a long time, and finally, the…
